The Thailand Securities and Exchange Commission, together with the Ministry of Finance, the Association of Investment Management Companies and the Stock Exchange of Thailand, announced a coordinated initiative to support subscriptions into Thailand ESG Extra Funds (Thai ESGX) and the transfer of Long-Term Equity Fund (LTF) units into Thai ESGX under a new tax incentive programme. The package includes a new centralized service on the Stock Exchange of Thailand’s website that provides investors with consolidated information on their LTF holdings to support switching decisions. The tax incentives apply to both new investments in Thai ESGX and transfers of existing LTF investments to Thai ESGX during a May to June 2025 window, in line with Revenue Department rules. Thai ESGX subscriptions open from 2 May 2025, while the LTF unit transfer service becomes available from 13 May, with both running until the end of June 2025. The SEC has put in place regulatory guidelines for the establishment and management of Thai ESGX, with 37 Thai ESGX across 19 asset management companies seeking SEC approval; eligibility for the tax incentive requires transferring an investor’s entire LTF holdings across all asset managers into Thai ESGX. The asset management industry projected fundraising of at least THB 20 billion through Thai ESGX. In a later phase, the Stock Exchange of Thailand plans to work with the Association of Investment Management Companies to extend the platform to include additional tax-advantaged investment vehicles such as retirement mutual funds and super savings funds.

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